5740 Yonge Street, Unit 01, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Newtonbrook West. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $569,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious Split 2-Bedroom **| 2 Full Bathrooms **| Welcome to luxury living at The Palm Residences, located at the prime intersection of Yonge and Finch**I.Bright and spacious layout. Floor-to-ceiling windows in the living area flood the space with natural light while show casing stunning South views**I. Floor plan provides both privacy and functionality, while the balcony offers a relaxing outdoor retreat**I. The generous primary bedroom easily fits a king-size bed and features a private ensuite bathroom. Ample storage is available throughout the suite, Residents enjoy recently refreshed amenities, including an indoor swimming pool**I, and 24-hour concierge/security**I. Set back from Yonge Street, the building offers a quiet, park-like setting while remaining just steps from a world-class transit hub-including the Finch Subway Station***I, GO Transit***I, and YRT/Viva bus terminal***I. Minutes from Highways 401, 404, 407, and Hwy 7. This vibrate neighborhood is a foodie's paradise, famous for its diverse selection of Korean eateries, Trendy cafes, and international cuisine, and is within easy reach of York University***I, close to Toronto Centre for the Arts**I. Residents enjoy resort-style amenities,a fully equipped gym**I, a sauna, and party room***I. Whether you're commuting across the GTA or enjoying the local culture and entertainment, this unit offers the ultimate urban lifestyle. One Parking***& One Locker*** Included! $$$ Freshly Updated! **: Flooring (Both Bedrooms): 2020; Flooring (rest of the unit, living room, hallway, etc.) : 2022; Guest Bathroom vanity: 2022; In-suite Fan Coil unit - motor (both living room and small bedroom): 2026; Range Hood: 2026; Kitchen Faucet: 2026; Dishwasher: Wash/dryer: 2026; Master Bedroom Vanity and Faucet: 2026; Hallway closet door: 2026. A brand new large format H-Mart Asian grocery store is opening soon, It located just across the street.
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Property Summary
This condo apartment located at 5740 Yonge Street, Toronto is currently for sale and has been available on SousaSells for 15 days. This property is listed at $569,900 with an estimated mortgage of $1,897* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 5740 Yonge Street, Toronto is in the Newtonbrook West neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Newtonbrook West, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Park
- Public Transit
- School
Interior Features
- Auto Garage Door Remote
- Carpet Free
- Primary Bedroom - Main Floor
Security Features
- Concierge/Security
Community Features
None listed
Frequently Asked Questions about 5740 Yonge Street, Unit 01, Toronto, ON
Q.What is the asking price for 5740 Yonge Street, Unit 01, Toronto, ON ?
The current listing price for 5740 Yonge Street, Unit 01, Toronto, ON in Newtonbrook West, Toronto is $569,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.
Q.What property type and architectural style is 5740 Yonge Street, Unit 01, Toronto, ON ?
5740 Yonge Street, Unit 01, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 5740 Yonge Street, Unit 01, Toronto, ON offer?
Key property features include: Clear View, Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor.
Q.What security features are installed at 5740 Yonge Street, Unit 01, Toronto, ON ?
Security features include: Concierge/Security.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 5740 Yonge Street 1201, Toronto, ON M2M 0B1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $569,900 in Toronto, the legal minimum down payment is $31,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,873 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,873 also applies, bringing the total estimated land transfer taxes to $15,746.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.